Let's consider the last twenty years of financial and economic history.
• Financial markets are more predictable than most realize• Bear markets become bull markets, and pessimism becomes optimism• The greatest danger is being out of the market
The market was up nearly 3% the month of December 1941. The remaining years of the war (1942-1945) yielded the following annual returns, 12.4%, 19.5%, 13.8%, and 30.7%.
People love to say that knowledge is power. However, the truth is that knowledge is only potential power. It is useless if you don't act on it.
It's important to remember that successful investing demands a price. Its currency isn't in dollars and cents, but volatility, fear, doubt, uncertainty, and regret.
I bought my first two stocks at the same time in 2010. Netflix and Evcarco Inc. I'm sure you've heard of at least one of these.
Don't get me wrong, it is an expensive habit if you're doing it everyday, but it's an oversimplification of a greater problem, which is that money management and financial literacy have not been...
Both personal responsibility and financial literacy are developed primarily between the ages of 5 and 18[i].
As humans responsible for other tiny humans, we all want what is best for our kids and for them to live their best lives. Perhaps one of the biggest struggles is knowing what to teach them and when.
In fashion, there appears to be three main categories: 1) Staples or timeless classics, 2) fads (styles that have seasons which come and go), and 3) things that never should have happened.